We all know that Identity & Access Management are critical to any networking environment. SailPoint and Okta are well known for providing IAM services in different ways.
Software as a Service (SaaS) identification companies Okta and SailPoint Technologies have decided to a strategic partnership that aims to tackle identification governance issues for enterprises.
Okta and SailPoint are often seen as rivals, but the companies provide distinctive alternatives to the identity management challenge on the networks. Okta functions as a badge reader, regulating user access to organization apps and details. SailPoint’s platform works on the governance side and determines whether or not the person with the badge really should access the organization’s app and data, primarily based on assigned privileges and company stability policies.
“In the organization, businesses could also have to have extra governance more than who can obtain an application or details and below what circumstance,” reported Todd McKinnon, Okta co-founder, and CEO. “This is not something Okta has ordinarily carried out but is the main of what SailPoint does.” Okta and SailPoint when combined with each other, McKinnon reported, will provide corporations finish-to-finish identity management, all the way to identity governance and compliance.
In extra specialized phrases, the joint Okta and SailPoint products will provide solutions for original on-boarding, and secure single sign-in and multi-aspect authentication for secure access to applications, and automated off-boarding as users try to alter roles or go away from the application. Vital identification, functions as obtaining a certificate of any application, self-assistance for password resets, and obtaining requests are all automated.
“Jointly, SailPoint and Okta convey relieve to obtain, stability and manage to our collective consumers, and we are doing so in a platform-agnostic way,” reported SailPoint CEO Mark McClain. “We know most enterprises operate in a mainly heterogeneous natural environment and as this kind of, they have to have to secure obtain to all their apps and details, no make a difference the platform, on-premises or in the cloud.”
Both Okta and SailPoint went public in 2017 and are one of the crucial players in the identity management solutions room, an approximated $18 billion addressable marketplace, according to Buyers Business enterprise Each day. SailPoint’s IPO in November gave the business a marketplace cap of $1.2 Billion, while Okta’s IPO in April valued the business at $1.5 Billion.